V205 production is sustainable purely as a steel industry product however with energy storage and other new innovations for this metal, the future is bright imo. This article is a positive piece albeit still just an idea with a long way to go.
Excerpt -
“Vanadium is a remarkable element, clearly most of the price rises for the product have been from the increasing demand from Chinese steelmakers,” said Vincent Algar, the boss of junior explorer Australian Vanadium (ASX:AVL).
“They use it to make quality steel alloys. But every day new ways of utilising the metal are surfacing, such as this latest use of nanoparticles for improving window energy efficiency in buildings.
“Vanadium is what I would describe as a metal of the future, something people were saying about lithium in the 1980s, and we have seen how that has played out.”
full article -
(20min delay)
